More Asian firms join rush for dividend recaps

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By Rashmi Kumar
31 Mar 2021

Asian sponsor-backed firms are following their Western peers in tapping the loan market for dividend recapitalisations, encouraged by a buoyant stock price and low debt levels. Rashmi Kumar reports.

A number of Asian companies owned by private equity firms are understood to be plotting new loans, with some of the proceeds earmarked for dividend recaps — where companies raise debt to pay a special dividend to shareholders, typically PE firms or investment managers that bought the firm ...

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